INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).

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  Indian billionaire Gautam Adani charged in US for alleged bribery, fraud Gautam Adani, the chair of Indian conglomerate Adani Group and one of the world’s richest people, whose business empire extends from ports and airports to renewable energy,has been indicted in New York over an alleged multibillion-dollar fraud scheme, United States prosecutors have said. The authorities on Wednesday charged Adani and two other executives at Adani Green Energy, his nephew Sagar Adani and Vneet Jaain, with agreeing between 2020 and 2024 to pay more than $250m in bribes to Indian government officials to obtain solar energy supply contracts expected to yield $2bn in profits. Prosecutors said the renewable energy company also raised more than $3bn in loans and bonds during this period based on false and misleading statements. Shares of Adani Enterprises, the group's flagship firm, closed down 22% on Thursday. Other group firms also closed in the red. Adani Green Energy, which is the firm at the c

HEAVY DOWNPOUR COLLAPSES BRIDGE IN PLATEAU COMMUNITY. (PHOTO).




 Heavy downpour collapses bridge in Plateau community


A major bridge in the Shendam local government area of Plateau linking the Total area and other parts of the Shendam town has collapsed as a result of a heavy downpour on Sunday afternoon.


The said bridge is also a major route leading to Tunkus in the neighbouring Mikang local government area of the State and its collapse has put a strain on smooth transportation for residents who may have to take longer alternative routes to get to their destinations.


A resident of Shendam town, Benedicta Naanpoe said no life was lost but citizens are worried about when the bridge would be reconstructed for ease of movement because using alternative routes would put more financial burden on citizens considering the already hike in the transport fares as the result of the petrol subsidy removal.


She said, “It is the only major bridge, that eases the movement for all businesses in Shendam and people in the nearby local government, Mikang also depend on the bridge for most of their activities in Shendam and its environs. With the collapse of the bridge, everyone will have to find alternative routes but the cost will be higher.”


She appealed for a timely reconstruction of the bridge by the relevant government authority to ensure ease of business and ensure no life is lost as some people risk to use the bridge.


The Transition Committee Chairman, of Shendam local government area, Mr. Kemi Nshe confirmed the development and said,  “We have reported already to the different government agencies, That is a federal road but I have discussed it with the State Commissioner for Works.


“This same bridge collapsed sometime in 2012 or thereabout and was reconstructed. We will report to the Federal Road Director, the FERMA by Monday so that speedy help could come. It is a major road and the people make use of the bridge daily.”

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